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Court upholds ruling on Rosneft CEO’s lawsuit over luxury yacht claims

November 30, 2016, 18:26 UTC+3 MOSCOW

In his lawsuit against Novaya Gazeta, the Rosneft CEO Igor Sechin argued that information in the newspaper’s article had nothing to do with reality and was damaging his reputation

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MOSCOW, November 30. /TASS/. The Moscow City Court has upheld a ruling on granting a defamation lawsuit filed by oil giant Rosneft CEO Igor Sechin against Novaya Gazeta newspaper over its article alleging the chief executive possessed a luxury yacht, a TASS correspondent reports from the courtroom.

The court thus rejected the newspaper’s complaint.

In his lawsuit against Novaya Gazeta, the Rosneft CEO argued that the assertions made in the newspaper’s article created the image of his unworthy and unprincipled behavior and suggested his high incomes exceeding official earnings while information mentioned in the article had nothing to do with reality and was damaging his reputation.

Moscow’s Basmanny Court earlier ruled to grant Sechin’s demand to recognize the information in the article "The Secret of Princess Olga" as inconsistent with reality and to publish a retraction.

In mid-September, the Rosneft CEO won a defamation lawsuit against the respected business daily Vedomosti over a publication on building a house in the luxury Moscow suburb of Barvikha. The court obliged the business daily to delete the article from the newspaper’s website and destroy all available copies dated July 20, 2016.

Vedomosti appealed against the judgment. However, the court rejected the complaint and the court’s ruling came into force.

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